Italy - Paddy Rice - Market Analysis, Forecast, Size, Trends and Insights
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View PricingItaly's Rice Paddy Imports Plummet to $21M in 2023
Italy Rice Paddy Imports
In 2023, the amount of paddy rice imported into Italy declined markedly to 24K tons, waning by -40.4% against the year before. Over the period under review, imports, however, continue to indicate prominent growth. The growth pace was the most rapid in 2015 when imports increased by 299%. Over the period under review, imports reached the maximum at 92K tons in 2016; however, from 2017 to 2023, imports stood at a somewhat lower figure.
In value terms, paddy rice imports shrank notably to $21M (IndexBox estimates) in 2023. In general, imports, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2015 with an increase of 155% against the previous year. Imports peaked at $34M in 2016; however, from 2017 to 2023, imports failed to regain momentum.
Rice Paddy Imports By Country (Million USD)">
| COUNTRY | Import Value of Rice Paddy in Italy (million USD) | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| Greece | 1.3 | 2.3 | 2.3 | 5.6 | 4.0 | 3.6 | 3.1 | 4.8 | 6.7 |
| Guyana | 17.2 | 21.4 | 11.7 | 5.0 | 9.6 | 2.3 | 13.8 | 7.4 | 3.7 |
| Romania | 1.3 | 1.8 | 2.5 | 2.2 | 3.2 | 2.2 | 1.7 | 1.1 | 2.9 |
| Bulgaria | N/A | 0.3 | N/A | N/A | N/A | N/A | N/A | 5.2 | 2.3 |
| United States | 0.3 | 0.6 | 0.7 | 0.9 | 1.2 | 2.8 | 0.2 | 0.9 | 2.1 |
| France | 3.7 | 4.9 | 1.4 | 1.4 | 2.5 | 1.5 | 1.4 | 4.6 | 1.5 |
| Netherlands | 0.8 | 0.6 | N/A | N/A | N/A | 0.5 | 0.6 | 0.1 | 0.8 |
| Others | 1.8 | 1.7 | 1.2 | 0.4 | 0.4 | 0.4 | 1.9 | 2.8 | 0.6 |
| Total | 26.4 | 33.8 | 19.7 | 15.6 | 20.9 | 13.3 | 22.7 | 26.8 | 20.6 |
Imports by Country
Greece (8K tons), Guyana (7K tons) and Romania (3.6K tons) were the main suppliers of paddy rice imports to Italy, with a combined 77% share of total imports. Bulgaria, France, the Netherlands and the United States lagged somewhat behind, together accounting for a further 21%.
From 2015 to 2023, the biggest increases were recorded for Bulgaria (with a CAGR of +28.8%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest paddy rice suppliers to Italy were Greece ($6.7M), Guyana ($3.7M) and Romania ($2.9M), with a combined 64% share of total imports. Bulgaria, the United States, France and the Netherlands lagged somewhat behind, together accounting for a further 33%.
Among the main suppliers, Bulgaria, with a CAGR of +31.4%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2023, the rice paddy price stood at $859 per ton (CIF, Italy), surging by 29% against the previous year. Over the period under review, the import price recorded strong growth. The pace of growth was the most pronounced in 2020 when the average import price increased by 59% against the previous year. The import price peaked in 2023 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($868 per ton), while the price for Guyana ($528 per ton) was amongst the lowest.
From 2015 to 2023, the most notable rate of growth in terms of prices was attained by France (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the paddy rice market in Italy. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 27 - Rice, paddy
Country coverage:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Area Harvested, 2012–2024
- Yield, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
